Summary by Moomoo AI
BOILER FOOD (SHANGHAI) CO., LTD. (STOCK CODE: 2517) ANNOUNCES ITS ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023. The report showed that the company's annual revenue was RMB6,094.1 million, down 15.0% from the same period last year. However, gross profit was RMB1,350.9 million, up 8.2% year-on-year, and the gross margin increased from 17.4% to 22.2% last year. Net profit was RMB263.4 million, up 9.3% year-on-year. Adjusted net profit (measured by non-international financial reporting criteria) was RMB318.0 million, an increase of 23.8% year-on-year. Basic and diluted earnings per share were RMB0.0894, up 0.7% and 2.1%, respectively. The Board of Directors resolved to distribute a final dividend of RMB0.0521 per share. THE COMPANY HAS 10,307 RETAIL STORES IN 31 PROVINCES, AUTONOMOUS DISTRICTS AND JURISDICTIONS ACROSS THE COUNTRY AND INTRODUCED 339 NEW SKUS IN 2023, STRENGTHENING ITS ONLINE SALES PLATFORM, INCLUDING BOILER APPS, WECHAT WIDGETS AND JETTO, TO EXPAND CONSUMER REACH. The company plans to further develop its online sales platform, offer more regionalized food products and strengthen R&D capabilities.